Deccan Transcon IPO Date, Review, Price, Allotment Details

Deccan Transcon IPO open date is September 13, 2024 and the IPO will close on September 19, 2024. Deccan Transcon IPO is a Book Built Issue. The company to raise around ₹65.06 crores via IPO that comprises fresh issue of ₹59.66 crores and offer for sale up to 5,00,000 equity shares with face value of ₹10 each.

Deccan Transcon IPO price band is ₹102 to ₹108 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Deccan Transcon IPO to list on NSE on September 24, 2024. The allotment of Deccan Transcon IPO date is September 20, 2024.

The company reported revenue of ₹152.56 crores in 2024 against ₹179.60 crore in 2023. The company reported profit of ₹11.82 crores in 2024 against profit of ₹2.57 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Deccan Transcon IPO

Deccan Transcon IPO Details

IPO Open Date:September 13, 2024
IPO Close Date:September 19, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹102 to ₹108 Per Share
Issue Size:Approx ₹65.06  Crores
Fresh Issue:Approx ₹59.66 Crores
Offer for Sale:Approx 5,00,000 Equity Shares
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Deccan Transcon IPO IPO Market Lot

The Deccan Transcon IPO minimum market lot is 1200 shares with ₹129,600 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹129,600
Retail Maximum11200₹129,600
HNI Minimum22400₹259,200

Deccan Transcon IPO Dates

The Deccan Transcon IPO date is September 13 and the close date is September 19. The Deccan Transcon IPO allotment will be finalized on September 20 and the IPO listing on September 24.

IPO Open Date:September 13, 2024
IPO Close Date:September 19, 2024
Basis of Allotment:September 20, 2024
Refunds:September 23, 2024
Credit to Demat Account:September 23, 2024
IPO Listing Date:September 24, 2024

Promoters of Deccan Transcon IPO

The promoters of the company are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev, and Navaneeth Jaidev.

About Deccan Transcon IPO

Deccan Transcon was established in 2007 as ‘Libenil Logistics Private Limited’. The company is famous for transporting bulk liquids and hazardous chemicals using tank containers. It offers freight and shipping services, including tank fleet management, domestic tank container logistics, custom clearance, and NVOCC services. The company has expanded its network coverage to over 40 countries globally and crossed a turnover of over 150 crores. The company has a team of over 84 skilled professionals, including a subsidiary company, Deccan Shipping & Logistics SND. BHD, and an associate company, King Star Freight Private Limited, with a 47.50% stake. As of July 2024, the company has served over 884 customers.

Deccan Transcon IPO Company Financial Report

The company reported revenue of ₹152.56 crores in 2024 against ₹179.60 crores in 2023. The company reported a profit of ₹11.82 crores in 2024 against a profit of ₹8.56 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹153.19₹146.69₹5.19₹39.25
2023₹180.62₹171.19₹8.56₹54.08
2024₹153.64₹139.51₹11.82₹77.22

Deccan Transcon IPO Valuation – FY2024

Check Deccan Transcon IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:45.03%
ROCE:41.43%
EBITDA Margin:12.47%
PAT Margin:7.75%
Debt to equity ratio:0.72
Earning Per Share (EPS):₹6.87 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):36.69%
Net Asset Value (NAV):₹18.73

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Lancer Container Lines Ltd2.6517.6614.5821.13633.41 Cr.
S J Logistics (India) Ltd20.0329.0120.18105.27270.86 Cr.

Objects of the Issue

  • Funding capital expenditure requirements towards procurement of Tank Containers.
  • Funding working capital requirements of our Company; and
  • General corporate purposes

Deccan Transcon IPO Review

  • IPO Watch – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Deccan Transcon IPO Registrar

Link Intime India Pvt Ltd
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Phone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Private Limited

Company Address

Deccan Transcon IPO Limited
Suite No 507, 5th floor, Image Capital Park,
Image Garden Road, Madhapur, Shaikpet,
Hyderabad- 500081, Telangana
Phone: 040-40146828
E-mail: [email protected]
Website: www.deccantrans.com

Deccan Transcon IPO FAQs

What is Deccan Transcon IPO?

Deccan Transcon IPO is a SME IPO. The company is going to raise ₹65.06 Crores via IPO. The issue is priced at ₹102 to ₹108 pr equity share. The IPO is to be listed on NSE.

When Deccan Transcon IPO will open for subscription?

The IPO is to open on September 13, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 18, 2024.

What is Deccan Transcon IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Deccan Transcon IPO?

You can apply for Deccan Transcon IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Deccan Transcon IPO Issue Size?

Deccan Transcon IPO issue size is ₹65.06 crores.

What is Deccan Transcon IPO Price Band?

Deccan Transcon IPO Price Band is ₹102 to ₹108.

What is Deccan Transcon IPO Lot Size?

The minimum bid is 1200 Shares with ₹129,600 amount.

What is the Deccan Transcon IPO Allotment Date?

Deccan Transcon IPO allotment date is September 20, 2024.

What is the Deccan Transcon IPO Listing Date?

Deccan Transcon IPO listing date is September 24, 2024. The IPO is to list on NSE.

Note: The Deccan Transcon IPO price band and date are officially announced. The (Deccan Transcon IPO grey market premium) will be added to the IPO GMP page as it will start).

    Share the Post:
    Facebook
    Twitter
    LinkedIn